Tencent’s ‘third-tier’ audio platform Penguin FM to shut down in September after lagging far behind rivals like Ximalaya

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Penguin FM, launched in 2015, will shut down on September 6, after failing to attract the millions of users seen on Ximalaya, Dragonfly FM and Lizhi.